SECTION 1. Notwithstanding any general or special law to the contrary, the treasurer of the Town of Norton is hereby authorized to invest any trust funds of the town in the custody of the treasurer in accordance with the Prudent Investor Rule and sections 3, 4, 5, 8, and 9 of chapter 203C of the General Laws and in accordance with the Town of Norton cash and investment policy, as the same may be amended by the Town of Norton, acting by and through the Select Board, from time to time.
SECTION 2. Section 54 of chapter 44 of the General Laws shall not apply to the Town of Norton.
SECTION 3. This act shall take effect upon its passage.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.